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TOKYO — U.S. opponents of a Japanese steelmaker’s $14.9 billion bid for U.S. Steel cite concerns about national security and a reluctance to relinquish a storied American company. In Japan ...

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US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest ...

The U.S. defense industry’s demand for steel is small; only about 3 percent of domestic production is purchased by the Pentagon. As for Nippon’s foreign ownership, Japan is no hostile power ...